Bhopal Police Arrest Three for Providing Mule Bank Accounts to Cyber Fraudsters

Bhopal Police's Cyber Crime Branch has made a significant breakthrough in its investigation against a gang of cyber fraudsters, arresting three persons from Rajasthan who were involved in providing mule bank accounts for fraudulent activities. The accused used documents of college students and labourers to open bank accounts, which were then sold to different gangs of cyber conmen. The prime accused, Nimbaram, has confessed to having sold over 50 mule bank accounts and stated that he used to lure students and labourers into providing their documents for opening bank accounts and SIM cards.

Key Takeaways:

• The accused used documents of college students and labourers to open bank accounts for fraudulent activities.
• The prime accused, Nimbaram, has confessed to having sold over 50 mule bank accounts to different gangs of cyber conmen.
• The accused used WiFi dongles to use netbanking and avoid being traced.
• The gang lured people into investing in crypto currency and other allurements, promising hefty profits.
• A complainant, Sudhir Singh, was duped of a total sum of Rs 18.60 lakh.
• The Cyber Crime Branch used surveillance to trace the location of the account holders to Jodhpur district of Rajasthan.
• The arrested persons include Narendra (21) and Nimbaram of Badmer, and Chandan Manjhi (37) of Bihar.
• The case highlights the vulnerabilities in the banking system that can be exploited by cyber fraudsters.

Statistics:

• Rs 18.60 lakh (approximately $22,500 USD) was the total amount duped by the complainant, Sudhir Singh.
• Over 50 mule bank accounts were sold by the prime accused, Nimbaram, to different gangs of cyber conmen.
• The gang lured people into investing in crypto currency and promising hefty profits.

Sources:

• Indian National Press (Bombay) Pvt. Ltd.
• Contify.com